MROI Mro Software

MRO Software, (NASDAQ: MROI), a leading provider of asset and service management solutions, and BearingPoint, Inc. (NYSE:BE), a leading global management and technology consulting firm, today announced an alliance to cooperatively help companies and organizations identify and implement strategies and solutions to increase return on investment from enterprise assets. The alliance combines BearingPoint's business and systems consulting experience in developing and implementing industry-specific asset and service management solutions and its ProvenCourse(SM) tools and methodologies with MRO Software's Maximo Enterprise Suite (MXES), a set of solutions based on a single platform and common architecture. Together MRO Software and BearingPoint can assist companies with their efforts to achieve greater efficiency, better manage asset inventory, derive more meaningful metrics and analytics regarding asset and service management, as well as reduce total life cycle costs. "BearingPoint and MRO Software are coming together to offer clients a detailed set of answers to their questions on how to better manage their companies' assets, including IT systems, facilities and even real estate," said Jill Goff, a managing director with BearingPoint and co-leader of the Real Estate and Capital Assets Solutions practice. "Any downtime, for instance to figure out how to process work orders, or to maintain a large manufacturing system, can cost a company money. BearingPoint and MRO Software can cooperate to offer clients software solutions and services to enable them to improve their businesses' efficiency while reducing costs." The agreement marks the formalization of an existing multi-year relationship between BearingPoint and MRO Software, which together have implemented solutions for Global 2000 clients. "Our clients are looking to more effectively manage and maintain their enterprise assets in order to enhance lifecycle productivity, while increasing efficiency of operations, which in turn will improve their investments," said Michael Desabris, a senior manager with BearingPoint. "We look forward to continuing our work together with MRO Software to bring this exciting value proposition to our clients to meet their ever-changing enterprise needs." MRO Software's Maximo Enterprise Suite is a comprehensive suite of products that are built on a single, web-architected common platform. The solution combines enhanced Enterprise Asset Management (EAM) functionality with new service management capabilities that together improve the effectiveness of asset management strategies. MXES includes deep and broad functionality for traditional asset and service management, as well as auto discovery of IT assets, advanced IT asset management, and a full-featured service desk based on the IT Infrastructure Library (ITIL) guidelines. Each product can be implemented separately as a stand-alone solution, or readily deployed together. The solution enhances asset management and ensures service performance of production, facility, transportation and IT assets. "This agreement allows BearingPoint to provide to its clients an advanced, industry leading asset management solution," said Patricia C. Foye, executive vice president global marketing and alliances, MRO Software. "The ability to deliver integrated asset and service management solutions has become a critical requirement for many of BearingPoint's most-valued enterprise customers, and BearingPoint has demonstrated the capacity to deliver our combined solutions in the high-quality, cost effective manner which these customers demand." About MRO Software, Inc. MRO Software is the leading provider of asset and service management solutions. Maximo Enterprise Suite, the Company's flagship solution, is delivered on a web-architected platform and increases productivity, optimizes asset performance, and service levels, reduces costs and enables asset-related sourcing and procurement across the entire spectrum of strategic assets. The Company's asset management solutions allow customers to manage the complete life cycle of strategic assets including: planning, procurement, deployment, tracking, maintenance and retirement. Using MRO Software's solutions, customers improve production reliability, labor efficiency, material optimization, software license compliance, lease management, warranty and service management across the asset base. MRO Software (Nasdaq: MROI) is a global company based in Bedford, Mass., with approximately 900 employees and more than 300,000 end-users. The Company markets its products through a direct sales organization in combination with a network of distributors and resellers. MRO Software has sales offices throughout North America, Europe, Asia/Pacific and Latin America. Additional information on MRO Software can be found at http://www.mro.com.